Audrey T. Andrews - 31 Dec 2021 Form 4 Insider Report for TENET HEALTHCARE CORP (THC)

Signature
Chad J. Wiener, as Attorney-in-Fact for Audrey T. Andrews
Issuer symbol
THC
Transactions as of
31 Dec 2021
Net transactions value
-$313,526
Form type
4
Filing time
04 Jan 2022, 17:26:16 UTC
Previous filing
15 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction THC Common Stock Options Exercise +14,192 14,192 31 Dec 2021 Direct F1, F2
transaction THC Common Stock Tax liability $313,526 -3,838 -27% $81.69 10,354 31 Dec 2021 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction THC 2021 February Restricted Stock Units Options Exercise $0 -14,192 -100% $0.000000* 0 31 Dec 2021 Common Stock 14,192 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Audrey T. Andrews is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 As previously reported, on February 24, 2021, the reporting person received a grant of 14,192 time-based restricted stock units which vested in its entirety on December 31, 2021.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 Shares withheld for payment of taxes upon vesting of restricted stock units in accordance with Rule 16b-3.
F4 Time-based restricted stock units are settled in shares of the Company's common stock upon vesting.